JeanLovegood JeanLovegood

16-05-2018
Social Studies

contestada

Explain the primary reasons for the establishment of the Federal Reserve System. Who established the Fed, and when was it created?

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MachineGun14 MachineGun14

16-05-2018

It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law

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teddybearlove13 teddybearlove13

13-04-2020

The Federal Reserve System was established in order to regulate banks and control the nations money supply. The Federal Reserve System was established by the US Congress in 1913.

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